Is it possible?
I just finished 5 years post-BK and seem to be stuck at 702. My controllable parameters (utilization, AZEO, payment history, etc.) are all optimized. All the simulators (yes, I know they're garbage) tell me that if I continue to pay all my bills on time for 24 months, I can get my score from 702 to ... wait for it ... 702!!
I've been at 702 for 6 months. No drops from the few inquiries and small account closures that I've had; no increases from the few small CLIs that I've received. Am I doomed be stuck here until the BK drops off my reports?
@iced wrote:
Probably not. As it gets older you'll tick up in fits and spurts, but you will unlikely get to 800.
Thanks. Just gonna have to be patient for another 5 years! 🤬
740ish is about the highest I have seen and should be just as good as 800 in most cases.
@Shooting-For-800 wrote:740ish is about the highest I have seen and should be just as good as 800 in most cases.
Agreed; my wife had her Chapter 7 discharged back in 2014 and has had zero issues since; she too is hovering in the 730-740 range and has for a year or two now. My Chapter 13, which was discharged in March 2020, is holding my scores down as well; my FICO 8s range from 680 to 710, my FICO 9s range from 700 to 770, and my Mortgage scores range from 710 to 740; it will be very interesting to see what my scores do early next year when my bankruptcy falls off and what her scores do in 2024.
The highest I got was 753. Then I cashed that in on a minispree in July. Two new accounts and a new SUV. Got it up to do so. Back down I went and will stay there probably for the next 4 yrs till drop off. I burned no one. Just some odds and ends and back taxes.
